Sunrise Resources Plc (LON:SRES) has raised US$60,600 from high net worth investors who want to use its knowledge of Nevada and the US’s Great Basin to identify new projects.
Uranium, lithium, copper, vanadium and graphite are the specified commodities of interest.
The new shares were sold at a price of 0.1p.
Funding of any developments identified will be through joint ventures and working collaborations.
Patrick Cheetham, executive chairman, said: "I am very pleased to announce this initiative, and that the investors have chosen Sunrise Resources as the gateway to securing new opportunities in energy metals and minerals in the Great Basin States.
“Sunrise Resources has been working in Nevada for a number of years and has built a significant network of connections and knowledge of new opportunities.”